To that end, it would be in your best interests to come to an REI meeting pre-loaded with some useful information, especially about your local market since that will most likely be the most common subject covered. 

If I had rolled my profits into another downpayment for my next place, it was going to take me quite a while (more than a year, not quite 2).This deal brings my total net profits to around $2,200 per month, dropping my projected income replacement day by almost 2 full years!

I just got pre-approved for my first mortgage and I couldn't be more excited!!!!  

Also make damn sure she has a very solid pre-qual letter.  

Well our tenant was a pre existing tenant.  

The pre-settlement HUD says his LLC (only)... as a lender I want to be protected... so can we change the HUD to also include my LLC too at this stage?

If I can sell the current home, then I don't think there's an issue since it's my primary residence, and any profit would be allowed to roll into the new one.But if I turn it into a rental - then do I have to pay taxes on the profit from the original purchase price ($60k under market value) and the sell price?

I've already gotten a pre approval if anyone has any advice or guidance or can refer me to someone I would greatly appreciate it.

If you were even able to finance 4 at a time, that means you are putting in 1/4 the amount of energy to each flip, and theoretically will take 4 times longer (and pay 4 times as much in holding costs).Why not flip one at first, then rent it out or sell it, and take those profits and roll them into your next, creating a bigger portfolio with each completed/successful flip?

I'm not an attorney, although I did complete pre-law and take the LSAT to go to law school...just never actually followed through, so take my opinion with a grain of salt.